On Sept. 1, HUD released the FY 2023 Fair Market Rents (FMRs). HUD is required by law to set FMRs every year. FMRs are an estimate of the amount of money that would cover gross rents (rent and utility expenses) on 40 percent of the rental housing units in an area. They go into effect on Oct.
HUD recently released an updated version of its Public Housing Agency (PHA) Disaster Readiness, Response, and Recovery Guidebook to assist PHAs in effectively navigating the disaster process. Data shows disasters disproportionally affect low-income and historically marginalized communities,...
On Sept. 15, Representative Adam Smith (D-WA) introduced the Expanding Service Coordinators Act. The two primary programs that fund service coordinators for residents of federally assisted housing are the Multifamily Housing Service Coordinator program and the Resident Opportunity and Self-...
HUD says owners may terminate tenancy for any of the following types of criminal activity by a covered person (that is, a tenant, household member, guest, or other person under the tenant’s control):
The Government Accountability Office (GAO) recently reminded HUD of some ways it could improve its operations. In November 2021, GAO reported that 67 percent of its recommendations for HUD made four years prior were implemented. And HUD has implemented four of GAO’s 13 priority...
HUD recently released an agenda for economic justice that describes actions the department will take to help low-income renters build assets, along with a Notice of Funding Opportunity for $113 million for the Family Self-Sufficiency (FSS) program to help HUD-assisted families increase earned...
A surge in consumer prices has made the affordability challenge for renters even more severe, particularly for low-income households and households of color, according to The Joint Center for Housing Studies of Harvard University (JCHS) annual report, “The State of the Nation’s...
The House Appropriations Committee recently approved a fiscal 2023 funding bill that covers the Department of Transportation and HUD. This was the last of 12 annual government funding bills to pass out of the committee this year and its passage capped off weeks of partisan battles over how the...
QAn applicant has an ABLE account. He can provide proof that it is an ABLE account and documentation of its balance. Both the applicant and his employer put money into the account. ABLE accounts are not mentioned in the HUD Handbook. Do we...
In a recently decided case, a court found that a public housing agency (PHA) couldn’t evict a resident because the PHA didn’t strictly comply with the state’s notice-to-vacate requirements. Under Texas state law, for a tenant under a written lease, the owner must give the...
HUD Secretary Marcia Fudge recently announced “Our Way Home,” a new national initiative to increase and preserve affordable housing supply. As part of the initiative, HUD is seeking to learn from and elevate lessons from communities that are building and preserving affordable homes....
HUD recently announced that it will publish a rule to implement changes to the Family Self-Sufficiency (FSS) program. The FSS program promotes increased earnings and savings among families receiving HUD-funded rental assistance. To achieve this, FSS utilizes case management and financial...
